Travis Weisleder, the founder and CEO of InterActive Financial, left the company around three weeks ago.
A company spokeswoman confirmed his departure but would not elaborate as to why, or what he might have planned next. Weisleder could not be reached.
InterActive Financial owns a series of websites including carloans.com, which helps consumers with imperfect credit apply for car loans. Car dealers then pay for the sales leads. The company has approximately 70 employees in Shockoe Bottom.
Weisleder, who is in his early 30s, started the carloans.com company with his father, Brooke. In January 2007 the company was on the Rising 25 list, which recognizes the Richmond area’s fastest-growing companies. InterActive was bought by Norfolk-based Dominion Enterprises in June2007.
One employee who is still at the company said Weisleder may have completed a required transition period, which is typical during an acquisition.
Dominion is a division of the Norfolk media giant Landmark Communications, which is putting many of its subsidiaries up for sale – including Style Weekly and possibly Interactive Financial. Landmark recently sold the Weather Channel.
An employee at InterActive’s Shockoe Bottom office said things are running smoothly because much of the management team is still in place. The Richmond office is currently being managed by a general manager in Norfolk.
Weisleder has had several side ventures, including procleanse.com, a website that sells a type of herbal laxative. Weisleder is also the registered domain owner of www.poopjuice.com.
His exit is likely unrelated to a recent computer systems breach at Interactive. According to a Dominion press release hackers illegally accessed 90,000 credit card applications between November 2007 and February 2008.
Brooke Weisleder, Travis’ father, started a phone business called 1-800-CAR-LOAN more than 20 years ago. That company routed leads for consumers with credit problems to car dealers. InterActive was founded eight years ago in Rhode Island. It moved to downtown Richmond in 2002.
Revenue was around $200,000 in 2001, according to a 2007 Times-Dispatch story, and “mid-eight figures” in 2007.
Aaron Kremer is the BizSense Editor. Please send story tips to [email protected]